Important Income Tax Due Dates for November 2021

Income Tax Due Dates for November 2021

7^th November 2021

The due date for deposit of Tax deducted/collected for the month of October, 2021. However, all sum deducted/collected by an office of the government shall be paid to the credit of the Central Government on the same day where tax is paid without production of an Income-tax Challan

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14^th November 2021

• Due date for issue of TDS Certificate for tax deducted under section 194-IA in the month of September, 2021

• Due date for issue of TDS Certificate for tax deducted under section 194-IB in the month of September, 2021

• Due date for issue of TDS Certificate for tax deducted under section 194M in the month of September, 2021

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15^th November 2021

• Quarterly TDS certificate (in respect of tax deducted for payments other than salary) for the quarter ending September 30, 2021

• Due date for furnishing of Form 24G by an office of the Government where TDS/TCS for the month of October, 2021 has been paid without the production of a challan

• Due date for furnishing statement in Form no. 3BB by a stock exchange in respect of transactions in which client codes been modified after registering in the system for the month of October, 2021

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30^th November 2021

• Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA in the month of October, 2021

• Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IB in the month of October, 2021

• Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194M in the month of October, 2021

• Return of income for the assessment year 2021-22 in the case of an assessee if he/it is required to submit a report under section 92E pertaining to international or specified domestic transaction(s)

The due date for furnishing of return of income for Assessment Year 2021-22 has been extended from November 30, 2021 to December 31, 2021 vide Circular no. 9/2021, dated 20-05-2021

The due date for furnishing of return of income for Assessment Year 2021-22 has been further extended from December 31, 2021 to February 28, 2022 vide Circular no. 17/2021, dated 09-09-2021

• Report in Form No. 3CEAA by a constituent entity of an international group for the accounting year 2020-21

• Statement of income distribution by Venture Capital Company or venture capital fund in respect of income distributed during previous Year 2020-21 (Form No. 64)

• Statement to be furnished in Form No. 64D by Alternative Investment Fund (AIF) to Principal CIT or CIT in respect of income distributed (during previous year 2020-21) to units holders

• Due date to exercise option of safe harbour rules for international transaction by furnishing Form 3CEFA.

• Due date to exercise option of safe harbour rules for specified domestic transaction by furnishing Form 3CEFB

• Due date for filing of statement of income distributed by business trust to unit holders during the financial year 2020-21. This statement is required to be filed electronically to Principal CIT or CIT in form No. 64A

• Application in Form 9A for exercising the option available under Explanation to section 11(1) to apply income of previous year in the next year or in future (if the assessee is required to submit return of income on November 30, 2021).

• Statement in Form no. 10 to be furnished to accumulate income for future application under section 10(21) or section 11(1) (if the assessee is required to submit return of income on November 30, 2021).

• Submit copy of audit of accounts to the Secretary, Department of Scientific and Industrial Research in case company is eligible for weighted deduction under section 35(2AB) [if company has any international/specified domestic transaction].

• Statement by scientific research association, university, college or other association or Indian scientific research company as required by rules 5D, 5E and 5F (if due date of submission of return of income is November 30, 2021).

• Due date for claiming foreign tax credit, upload statement of foreign income offered for tax for the previous year 2020-21 and of foreign tax deducted or paid on such income in Form no. 67. (if due date of submission of return of income is November 30, 2021).

• Due date for e-filing of report (in Form No. 3CEJ) by an eligible investment fund in respect of arm’s length price of the remuneration paid to the fund manager. (if the assessee is required to submit return of income on November 30, 2021).

• Due date for filing of return of income for the assessment year 2021-22 if the assessee (not having any international or specified domestic transaction) is (a) corporate-assessee or (b) non-corporate assessee (whose books of account are required to be audited) or (c)partner of a firm whose accounts are required to be audited or the spouse of such partner if the provisions of section 5A applies

The due date for furnishing of return of income for Assessment Year 2021-22 has been extended from October 31, 2021 to November 30, 2021 vide Circular no. 9/2021, dated 20-05-2021

• Audit report under section 44AB for the assessment year 2021-22 in the case of an assessee who is also required to submit a report pertaining to international or specified domestic transactions under section 92E

The due date for furnishing of audit report for Assessment Year 2021-22 has been extended from October 31, 2021 to November 30, 2021 vide Circular no. 9/2021, dated 20-05-2021

• Report to be furnished in Form 3CEB in respect of international transaction and specified domestic transaction.

The due date for furnishing of report has been extended from October 31, 2021 to November 30, 2021 vide Circular no. 9/2021, dated 20-05-2021

• Intimation in Form 10BBB by a pension fund in respect of each investment made in India for quarter ending June, 2021

The due date for intimation has been extended from July 31, 2021 to September 30, 2021 vide Circular no. 15/2021, dated 03-08-2021

The due date for intimation has been further extended from September 30, 2021 to November 30, 2021 vide Circular no. 16/2021, dated 29-08-2021

• Intimation in Form II by Sovereign Wealth Fund in respect of investment made in India for quarter ending June, 2021

The due date for intimation has been extended from July 31, 2021 to September 30, 2021 vide Circular no. 15/2021, dated 03-08-2021

The due date for intimation has been further extended from September 30, 2021 to November 30, 2021 vide Circular no. 16/2021, dated 29-08-2021

• Quarterly statement in respect of foreign remittances (to be furnished by authorized dealers) in Form No. 15CC for quarter ending June, 2021

The due date for furnishing of statement in Form no. 15CC has been extended from July 15, 2021 to July 31, 2021 vide Circular no. 12/2021, dated 25-06-2021

The due date for furnishing of statement in Form no. 15CC has been extended from July 31, 2021 to August 31, 2021 vide Circular No.15 of 2021, dated 03-08-2021

The due date for furnishing of statement in Form no. 15CC has been extended from August 31, 2021 to November 30, 2021 vide Circular No.16 of 2021, dated 29-8-2021

• Upload the declarations received from recipients in Form No. 15G/15H during the quarter ending June, 2021

The due date for uploading declarations has been extended from July 15, 2021 to August 31, 2021 vide Circular no. 12/2021, dated 25-06-2021

The due date for uploading declarations has been further extended from August 31, 2021 to November 30, 2021 vide Circular no. 16/2021, dated 29-08-2021

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